Mixed-Use Property with
For Sale
$395,000
813 Hamlin Hwy, Lake Ariel, PA 18436
Residential space and a commercial garage support a potential live-work configuration.
Property Size2,500 SF
Lot Size0.70 Acres
Price / SF$158
Days on Market9
Property Features for 813 Hamlin Hwy
General Information
Standard status
Active
Size
2,500 SF
Lot size
0.70 Acres
Property Condition
Severity
Major
Evidence
being rebuilt following a fire
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$7,340
Amenities
swimming pool
Building Details
Abandoned
No
Listing Agency:
Davis R. Chant - Lake Wallenpaupack
(570) 394-9930
Listed By:
Zachary Ranner · License #RS339062
(570) 394-9930
Source:
Exprealty
Added: Aug 9
Changed: Aug 16
Last Checked: Aug 16 at 3:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davis R. Chant - Lake Wallenpaupack
Investment Insights
Based on property information with market context.
Located at 813 Hamlin Highway in Lake Ariel, this mixed-use property combines a residential component with commercial infrastructure on approximately 0.70 acres. The residence contains approximately 2,500 square feet, with 3 bedrooms, 3 bathrooms, and a private swimming pool.
The commercial area was previously used as a garage and is being rebuilt after a fire, allowing the next owner to complete and configure the space. A vehicle lift is included. Positioned on a prominent highway corner with highway frontage, the property offers a visible setting for an owner-user, contractor, automotive-related operation, trade business, or service company while retaining on-site residential space.
The commercial area was previously used as a garage and is being rebuilt after a fire, allowing the next owner to complete and configure the space. A vehicle lift is included. Positioned on a prominent highway corner with highway frontage, the property offers a visible setting for an owner-user, contractor, automotive-related operation, trade business, or service company while retaining on-site residential space.
Key Highlights
- Approximately 0.70 acres with highway frontage and corner positioning
- Approximately 2,500‑square‑foot residence with 3 bedrooms and 3 bathrooms
- Private swimming pool included with the residential component
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,004
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$700,080
$700.1K
Cap Rate 7%
$500,057
$500.1K
Cap Rate 9%
$388,933
$388.9K
Market Conditions
NOI Build-Up for 2,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.5K $21.00/SF
− Vacancy
−$5.8K −$2.33/SF
EGI
$46.7K $18.67/SF
− OpEx
−$11.7K −$4.67/SF
NOI
$35.0K $14.00/SF
Area
Wayne County, PA
Vacancy
11.10%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$700,080
Cap Rate 7%
$500,057
Cap Rate 9%
$388,933
Alternative Uses
Best Use
Office B
$500.1K
$437.6K – $583.4K
NOI $35,004 @ 7.0% cap · market cap 8.86%
Second Best
Retail
$428.4K
$374.9K – $499.8K
NOI $29,988 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$609.6K
$533.4K – $711.2K
NOI $42,672 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 18436, PA
13,576
Population
9,747
Households
1.4
Avg Household Size
51
Median Age
20%
College-Educated
92%
High-School Grad
98.8 sq mi
ZIP Area
137
Density / Sq Mi
$73,209
Median Household Income
$36,675
Median Earnings
$890
Median Rent
$222,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential space and a commercial garage support a potential live-work configuration.
Where is this mixed-use property located?
The property is located at 813 Hamlin Hwy Lake Ariel, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Approximately 0.70 acres with highway frontage and corner positioning; Approximately 2,500‑square‑foot residence with 3 bedrooms and 3 bathrooms; Private swimming pool included with the residential component
